|
U.S. stocks pulled back from their records as the price of crude
oil tumbled again and technology stocks faltered. The S&P 500
fell 0.8% Thursday, a day after setting an all-time high for the
46th time this year. The Dow Jones Industrial Average dropped
0.8%, and the Nasdaq composite sank 1%. Chip stocks fell after
supplier ASML warned of a slower recovery outside of the AI
boom. Exxon Mobil and other energy stocks sank to some of the
market’s worst losses after oil prices dropped again. Treasury
yields eased as trading for U.S. bonds resumed following a
holiday.
On Tuesday:
The S&P 500 fell 44.59 points, or 0.8%, to 5,815.26.
The Dow Jones Industrial Average fell 324.80 points, or 0.8%, to
42,740.42.
The Nasdaq composite fell 187.10 points, or 1%, to 18,315.59.
The Russell 2000 index of smaller companies rose 1.18 points, or
0.1%, to 2,249.82.
For the week:
The S&P 500 is up 0.23 points, or less than 0.1%.
The Dow is down 123.44 points, or 0.3%.
The Nasdaq is down 27.35 points, or 0.1%.
The Russell 2000 is up 15.41 points, or 0.7%.
For the year:
The S&P 500 is up 1,045.43 points, or 21.9%.
The Dow is up 5,050.88 points, or 13.4%.
The Nasdaq is up 3,304.24 points, or 22%
The Russell 2000 is up 222.75 points, or 11%.
All contents © copyright 2024 Associated Press. All rights reserved
|
|
